Associate Account Manager (JD Preferred)

Resolute Management Inc.; Boston (MA); On-site; USD 85,000 - 100,000; Full time

Job summary

Resolute Management Inc. is seeking a Direct Claims Associate Account Manager to oversee environmental, asbestos, and latent type claims, including coverage issues and reserve establishment.

The role requires strong analytical and communication skills, collaboration with policy search teams, defense counsel, and reinsurers, with opportunities to advance in a respected firm headquartered in Boston.

Qualifications

• Strong analytical skills.
• Strong verbal and written communication.
• Strong interpersonal skills.
• Ability to meet assigned deadlines.
• Promptly responds to inquiries with urgency.
• Collaborative and cooperative office environment.
• Ability to multi-task and handle interruptions.
• Follow instructions and established procedures.
• Proficiency with MS Word, Excel, TEAMS, and internet applications.
• Highly attentive to details.
• Able to work under pressure and exercise good judgment.

Responsibilities

• Analyzes, investigates, and evaluates new loss notices and claim tenders.
• Works with policy search teams to locate copies of alleged coverage.
• Expeditiously analyzes and positions claims under primary, umbrella and excess coverage.
• Coordinates defense counsel with internal/external stakeholders.
• Coordinates and establishes defense strategy with insured, defense counsel and carriers.
• Pro-actively manages the case resolution process; participates in mediations as needed.
• Works with reinsurance to provide notice of new accounts and respond to inquiries.
• Collaborates with Legal/management on declaratory judgments and settlements.
• Assists in setting reserves at appropriate levels for claims.
• Coordinates timely processing of payments across policies.
• Manages ALAE with billing unit.
• Documents claims in hard copy or systems per guidelines.
• Obtains and maintains adjuster licenses.
• Travels as necessary.

Skills

Analytical skills

Communication

Interpersonal skills

Meeting deadlines

Urgent response

Collaboration

Multi-tasking

Follow instructions

MS Word, Excel, TEAMS

Attention to detail

Judgment under pressure

Education

JD preferred

CPCU designation a plus

Tools

MS Word

Excel

TEAMS

Internet applications

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Regular Professional Boston, MA, US

30+ days ago Requisition ID: 1130

Resolute Management Inc. is a Third-Party Administrator hired by clients to handle complex environmental, asbestos, and/or latent type insurance claims. We are proud to be an affiliate of the Berkshire Hathaway group of insurance companies and we believe our structure allows our employees to experience the benefits of a large company with a friendly, small company atmosphere. Our headquarters are located in Boston, MA, and we have additional offices located in Chicago, Philadelphia, and Stamford, CT.

POSITION SUMMARY:

The Direct Claims Associate Account Manager directly handles the monitoring, reviewing and coordinating activities involving environmental, asbestos, and latent type claims, including resolution of coverage issues and establishment of adequate reserves.

DUTIES:

• Analyzes, investigates, and evaluates new loss notices and claim tenders.
• Works with policy search teams to find copies of alleged coverage where appropriate.
• Expeditiously analyzes and positions claim under applicable primary, umbrella and excess coverage.
• Coordinates the retention of defense counsel with internal/external stakeholders.
• Coordinates and establishes defense strategy with insured, defense counsel and/or other participating insurance carriers.
• Pro-actively manages the case resolution process. Actively participates in mediations as needed, within limit of settlement authority.
• Works with the reinsurance department to provide notice of new accounts, updates on existing accounts and responds to specific reinsurer inquiries.
• Works with in-house Legal/management to manage declaratory judgment actions, including formation and implementation of resolution strategy, settlement valuation and obtaining settlement authority.
• Collaborates on setting reserves at appropriate level for claims.
• Coordinates timely processing of payments including verifying proper allocation of such payments across appropriate policies
• Manages ALAE through strategic handling and bill review/payment processing in coordination with the billing unit.
• Appropriately documents claims in hard copy and/or systems in accordance with established guidelines.
• Obtains and maintains adjuster licenses, as required.
• Travels as necessary.

PERFORMANCE REQUIREMENTS:

• Strong analytical skills.
• Strong verbal and written communication skills including proper grammar usage and imparting information in a clear and concise manner.
• Strong interpersonal skills.
• Ability to meet assigned deadlines.
• Promptly responds to inquiries with a sense of urgency.
• Ability to work in a collaborative and cooperative office environment.
• Ability to multi-task and effectively deal with interruptions.
• Ability to follow instructions and established procedures.
• Proficiency with MS Word, Excel, Office, TEAMS, and internet applications.
• Highly attentive to details.
• Able to work under pressure and execute good judgment in sensitive situations.

EDUCATION:

• J.D. preferred.
• CPCU or other industry designation a plus.

EXPERIENCE:

• Minimum three years of experience handling complex general liability claims,environmental and/or latent claims, or a legal degree with insurance coverage or relevant experience preferred.

Job Type: Full-time

$85,000 - $100,000

Disclosure: The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.